Tech Company Financing Transactions
ForMotiv Funding Round
Vestigo Ventures, DreamIt Ventures Philadelphia and Plug and Play Ventures participated in a $6 million Seed venture round for ForMotiv. The financing was announced on 9/30/2021.
Transaction Overview
Company Name
Announced On
9/30/2021
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
Vestigo Ventures (Lead Investor) (Michael Nugent)
Proceeds Purpose
The new funding will be utilized to hire senior roles across tech, product, and sales in anticipation of ForMotiv's projected 700 percent growth by end of year.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
100 S Juniper St.
Philadelphia, PA 19109
USA
Philadelphia, PA 19109
USA
Phone
Website
Email Address
Overview
ForMotiv is the first-ever Digital Behavioral Intelligence (DBI) platform. We invented a patent-pending Digital Polygraph technology to provide a level of previously unobtainable behavioral data on customers and employees.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Conners
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